Yinson awarded FPSO contract extension

Yinson awarded FPSO contract extension

Malaysian FPSO operator Yinson Holdings has announced that its Vietnam associate PTSC Asia Pacific (PTSC AP) has entered into an addendum to the bareboat charter interim contract with Petrovietnam Technical Services Corp (PTSC) to extend the tenure for a further six months from January 1 to June 30, 2019.

The extended interim contract was entered into pursuant to a six-month extension of the tenure of a contract entered into between PTSC and Petrovietnam Exploration Production Corp to charter PTSC Lam Son FPSO for the operations at the Lam Son Field.

Yinson Holdings currently operates one VLCC tanker, two FPSOs and four OSVs.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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